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Shane Edmond is standing for re-election as an independent director. Initially not considered independent at the time of WasteCo’s reverse listing in December 2022 due to associated family shareholdings and close ties with founder executives, his associated family shareholdings have since been diluted to 4.6% on a fully-diluted basis. Since 2022, WasteCo has a new senior management team and founders no longer hold executive roles. Mr Edmond has no business or contractual relationships with WasteCo and is not a representative of any particular shareholding group. The board judges his holdings are not sufficiently substantial to influence his decision-making.
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